The new service promises a platform that will enable seamless transactions while also rewarding users with travel credits and incentivised bonuses.
Led by a team of black women, RYR's operations will be out of Kingston, Jamaica and will eventually expand across the Caribbean.
Further boosting its new platform, RYR will partner with the Insurance Company of The West Indies (ICWI), a leader in motor insurance across the Caribbean to provide private rental insurance to car owners at a discounted rate. In addition, RYR will use Jumio, a leader in online identity verification, to definitively authenticate users on the platform.
How it works
The Rent Yuh Ride platform will be accessible online from anywhere, at any time. It's a marketplace where car owners can sign up, upload their vehicle info (and documents) to be approved and listed on the site for free. Simultaneously, travelers can sign up, search through available vehicles in their desired destination, choose a pickup location, then book.
Once the vehicle has been picked up, the owner gets paid electronically. When it is returned, this will complete the transaction, and both parties are then able to leave each other a review.
"Travelers deserve a better way to rent cars, they need options and what's available just doesn't cut it," explains RYR Founder and CEO Cherie Williams.
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